Boston Real Estate for Sale

Even during the usually slow holiday season, the housing market is hotter than ever this year.

Low supply and incredibly high, Covid-induced demand have made buyers beyond competitive and sellers particularly picky. As a result, all-cash deals, which sellers favor, are rising in certain regions and at certain price points.

All-cash sales now make up about 36% of the market, according to realtor.com. That is only a very slight rise overall from last year. Yet cash sales are climbing more dramatically in the Northeast and West, up 3 and 2 percentage points, respectively. It is happening despite the fact that mortgage rates have set record lows.

.
Real estate questions:

1. What is the average down payment for a property being sold in America?

2. What percentage of real estate transactions are purchased in cash?

real estate answers

Answer to question #1 – 12% of the sales price.

Answer to question #2 – 36% of real estate transactions are cash deals.

More interesting real estate stats in the video above.

Contact me to set up an appointment to start your Boston condo-buying process.

Back to homepage Boston condos

Boston condos for sale

SEARCH BOSTON CONDOS FOR SALE AND RENT

For more information please contact one of our on-call agents at 617-595-3712.

Updated: Boston Real Estate Winter 2020

Call Now